A few months later, Paul accepted the role of Gymshark Director, then Chief Strategic Officer and since then he has overseen and guided the growth of one of Britain's biggest business success stories and is currently Executive Chairman. Thats an ambitious goal given that turnover may be in the millions at the moment, but its still in single-digits.Richardson will oversee the company strategy and assist [the label] into a new phase of its development, although its now being run on a day to day basis by his daughters Holly Beadle as CEO and Georgia Richardson as Chief Brand Officer. Despite his soaring success as a businessman, Lewis - who is worth 125m - said that he's most proud to step back and look after the people he loves most. In 2015, just three years after founding the company, Gymshark achieved sales of 9m; three years later, while under the wing of a new executive chairman, Paul Richardson, and chief. After two years, annual revenues hit an incredible 250,000, so Ben quit uni and pizzas to focus on his company. By using our services, you agree to our use of cookies. Despite Covid, the company has opened a distribution centre in Toronto in Canada. Paul Richardson's net worth is based on the size of his Yeezy business. The height of Paul Richardson is around 5 feet 10 inches and he has blonde hair and blue eyes, Paul Richardson weighs around 75 kg. Ben Francis is the owner of the firm. Deals and discounts in Womens Active Shoes & Sneakers you dont want to miss. And Paul Richardson, who owned fashion retailer AllSaints and also was MD of Knowaste, a waste management business. By the time he sold his stake in the company in 2004 [4], AllSaints had expanded to 10 stores across the UK. Thanks to the strong foundations that were built throughout Gymsharks growth, coupled with a ferocious understanding of our community, brand and product, weve been able to grow faster than almost any business of our type globally. Find the best deals on Fitness Nutrition from your favorite brands. It was a practical hands-on course applying real skills not just writing about them. Save up to 50% on Smart Home when you shop now. Paul Richardson net worth and salary: Paul Richardson is a Football Player who has a net worth of $6,5 Million. E: jon.robinson@newsco.com, Craig Dorham, Business Development Manager Creative Commons Attribution-ShareAlike. Although Gymshark's finalized net worth is not publicly reported, Net Worth Spot uses online data to make a prediction of $1.19 million. or debate this issue live on our message boards. Now we are well in to the 300 plus million dollars, 250, 260 million last year [2019/20]. He has just signed a multi-million pound deal with American investment firm, General Atlantic, with his increased 70 per cent stake making him a billion dollar man! In the post, Francis said that Hewitt was the "best person for the job" and that it allowed the business to grow "even more quickly" and gave him time to "work on my weaknesses and become a more founded business person". Hera London will continue to operate from its Cheltenham office on Clarence Parade, where it designs and develops products, before shipping directly to customers from its online e-commerce store. These are the best Videogames deals youll find online. Just last month, Ben announced that Gymshark is worth $1.45B. He made his first Super Bowl appearance with the . We are not related to the MP Medical University in any ways. There is no information available on the web regarding Paul Richardsons net worth. The couple has two daughters. And after falling in love with the fitness industry he started selling supplements. The Gloucestershire-based companys new management has plans to turn it into a 100m fashion label. How Ben Francis started Gymshark now valued at $1.45 BILLION A young entrepreneur from Worcestershire has catapulted himself in to an exclusive rich list, selling a share in his business valuing. Ben has increased his share from 67 to 70 per cent, Bens brother Joe has one per cent, with Mr Hewitt having four per cent and the rest of the leadership team the remaining shares. This means that we may include adverts from us and third parties based on our knowledge of you. Paul Richardson may refer to: . All we are doing here is formalising the share structure of the business. Now, BirminghamLive reports that the former West Midlands schoolboy will have the futures of more than a hundred people resting on his shoulders as he decides who to cut and who to keep. Its revenue has grown tenfold over the past four years, rising to $550 million in 2021, according to the company's latest full-year financial report in July. Find the best deals on Home Gym from your favorite brands. Contents 1 Early life 2 AllSaints 3 Gymshark 4 Other ventures 5 Birmingham City Football Club 6 References In fact, the show was created by Dustin Hurts and Paul Richardson wouldnt have done the show without the other actor. Paul holds British nationality. Shop the best selection of deals on Laptops now. He applied that structure to turning his academic life around. 19th Jul 2022, 12:06pm. Sitemap | Terms & Conditions | Privacy Policy & Cookies. Theres been a reorganisation. Paul Richardson is a British businessman and entrepreneur. Ben Francis built his net worth through his love for business and the fitness industry. Then Covid got in the way and thats been delayed until further notice. And for tops, long sleeves, or higher quality leggings, prices will be around $50. Now he has signed a deal with General Atlantic he is targeting taking the Gymshark brand to North America and to the lucrative Asia Pacific market. Something went wrong, please try again later. But he could not afford to buy stock. In 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. Find the best deals on Kitchen from your favorite brands. Copyright 2023 FashionNetwork.com All rights reserved. As well as his involvement with the 1bn Solihull-based sporting apparel business Gymshark, Mr Richardson previously was the joint owner and director of fashion retailer AllSaints, with the brand growing from five to 12 stores between 2002 and 2004. But Richardson does have a good track record. Paul Richardson will oversee the brand's growth. With more than 20 years' experience in the sector, Richardson was instrumental in helping Gymshark become the global e-commerce business it is today. 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Deals and discounts in Tech & Electronics you dont want to miss. At the time Ben was at Aston Uni by day and worked as a delivery driver for Pizza Hut by night from 5pm to 10pm. Get all the stories you love straight to your inbox. Ben said: This is a rapidly growing brand. Paul has been around Gymshark since it's early days in 2013 and now has seen it turn into the $1.4 billion dollar brand that is today. Shop the best selection of deals on Fitness now. Paul Richardson started his career in 1992 and went on to become one of the most successful businessmen in the United Kingdom. Perfect for a posh Christmas! In this blog. In February 2002, Richardson joined the board of his boyhood football club, Birmingham City Football Club, as non-executive director. Like many of the young and rich do, he has joined the Cotswolds Set of wealthy and famous people making the rural regions of Gloucestershire their home. Paul Richardson was born in Los Angeles, in April 13, 1992. Our employee family is growing too, with over 900 employees across offices in five regions, including Solihull, UK (just outside our . Last year's Sunday Times Rich List put his worth at 700 million. Then enter Insiders Made in the Midlands Awards 2023. He used a machine and a screen printer for which he put money aside. Shop the best selection of deals on Tools & Utensils now. Moreover, it will become a truly worldwide brand as a consequence of its new financial deal with General Atlantic. We were super busy and it was super exciting. This article "Paul Richardson (Businessman)" is from Wikipedia. Absolutely not. Then, when he got home, he worked on his next project. Gymshark director and former chairman Paul Richardson has purchased the majority share in streetwear brand HERA London. Richardson played his first NFL game on December 19 against the Indianapolis Colts, but had no stats. This comes as no surprise after in February of this year owner Ash White tried to sell 10% of his equity which we stated at the time was likely down to the brand struggling financially with stock due to be paid for. Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. Gymshark Net Worth, Ben Francis Net Worth (Updated), Pair Of Thieves Net Worth, Overview, History (Updated), Domics Net Worth, Biography, Wiki, Career (Updated), 637Godwin Net Worth, Biography, Wiki, Songs (Updated), 19 Things You Didnt Know Billionaires Were Ruining, Minecraft Net Worth 2023; Founder, History, Stats (Updated), Michel Le Net Worth 2023; Biography, Wiki, Career (Updated), Wall Street Trapper Net Worth, Biography, Wiki (Updated). Gymshark set up by Bromsgrove ex-Pizza Hut delivery boy now valued at 1billion, Ben Francis of Gymshark is worth 138 million according to Sunday Times Rich List, Gymshark's 'sweaty selfie' craze aims to raise 175,000 for Birmingham NHS hospitals, Click Travel and Gymshark among UK's high growth companies, Fitness brand to launch new digital hub in Birmingham, Astonishing story of Birmingham student behind a 100m clothes business, How mum and daughters set up 10 million beauty business from their Wolverhampton home, Fitness brands Gymshark and Grenade among UK's top international firms, Stacey Solomon fans warn they 'may unfollow her' after Belle and Rose snap. S growth adverts from us and third parties based on the web regarding paul Richardsons net worth his! To focus on his next project screen printer for which he put money aside of the most successful businessmen the. Who owned fashion retailer AllSaints and also was MD of Knowaste, a waste management business company has a... 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